nice approach and i like the fact that at least something changes in school system since it needs to be improved for sure.
still i dont like schools to earn so much money. teachers and school managers need incentives to provide excellent lessons. but so much money as a profit?
another point is the philosophy of the school.
on the one hand they say that every student can learn at "his own level" but on the other hand they prefer standardization over everything else.
they only want the standardization to be used at the framework, the process side. they dont want every student to learn the same things at the same speed.
still it sounds like a contradiction to me.
with some improvements this could be a very nice approach.
employees should be able to get really big bonusses based on performance. half of the net profit should be used for investments and the other half should be extra tax for the goverment since imo schools should not accumulate huge profit amounts..
must be really horrible agony. cant imagine how life would be without pain.
we always complain about our small pains. this should encourage us to brace ourselves and only complain if the hurt is serious.
same with painkillers. so many people take pills immediately when they feel something. lets be a lil bit tougher and think about what it would be like to feel no pain at all. pain is healthy (most of the time)
Please explain what is new/interesting about this. It looks more like just another ad for a form of credit which is already proven to be bad for economy (through actual crisis).
This is true. At least give it a try.
But anyways I dont understand why we (in general) are discussing this "motivation thing" so often.
I mean if you are highly motivated and expect to succeed but fail in the end you will be really disappointed.
But same happens if you are aware of the (high?) probability of failing. You will still be aweful disappointed since you started (or continued) your idea and for some reason didn't quit it.
Still I like your post.
BTW: Every snowflake is unique thus special :)
But I see some issues.
Who should spin-off the inevntions?
People who studied for years and perhaps joined university staff after their degrees are most likely not trying this.
They are just the wrong sort of people (there are exceptions for sure). If you have been studying that long you most probably like theoretical work and are just not interested in practical realization.
The only way this whole idea can work out is if you focus on the freshmen. They should get the opportunity to get involved in potential spin-offs even they yet don't have knowledge about the product/invention in detail.
i think the gaming sector with its virtual economies is a very good representive for "real" economies.
in both economies it's all about feeling, very irrational.
many panics and hypes.
it's a bold move by valve to hire an economist-in-residence.
they are going for the big shot